The Telegraph
Friday , August 29 , 2014
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Job joy for NIT techies

Seventy placements in 30 days. The season of campus placement at Adityapur-based National Institute of Technology (NIT), which kicked off on July 28, completed a month on Thursday with a knock-out score.

Around a dozen top-notch companies that have come headhunting so far have chosen 70 NITians. This time, companies have a talent pool of 670 NITians — 600 BTech and 70 MTech students.

So far, Mu Sigma, an MNC, creamed off 18 students, the highest number yet this placement season, offering each Rs 4.5 lakh a year. But, when it came to cold cash, it was amazing Amazon that warmed the cockles of the hearts of five lucky students, offering Rs 21 lakh per annum each.

Many others offered handsome packages. Future First, a global consulting firm, offered the second highest annual salary package in NIT this season of Rs 9.5 lakh to a metallurgical engineering student.

Mahindra Comviva selected 16 students from various engineering streams with an annual package of Rs 5.5 lakh, excluding perks and other emoluments. First-timers to NIT, Oracle Financial Services and Verity Knowledge Solutions picked up 15 and three students, respectively, offering yearly salary packages of Rs 5.5 lakh and Rs 6.08 lakh.

Tata Steel recruited three students from mechanical engineering and one from metallurgical engineering offering a yearly salary of Rs 8.15 lakh. Software company Belzabar recruited two students from computer science and engineering stream offering Rs 8.64 lakh a year. Novell Software chose jobs to four computer science and engineering students, offering them Rs 7.86 lakh per annum.

“Recruiters are upbeat and the job market looks good. Last year, 91 companies took part in the recruitment drive. We hope to surpass the figure this year,” said Rambabu Kodali, NIT director.

When it comes to companies on campus, scoring a century and going beyond is something that officials of NIT placement cell hope. An official said so far around 40 companies from software and core sectors “have made enquiries” to participate in the recruitment drive.

“We do expect to cross the 100 mark,” NIT spokesperson Rajiv Bhushan said. “Companies confirming participation in September include Polaris, EXL Service, Siemens, Absolute Data, Asahi Glass, IBM and TCS. Talks are on with several Tata group companies,” he added.

Computer science student Ankit Agarwal said this was just the beginning and they were expecting good offers. “We are aware that companies have begun posting profits. The share market is looking up. The economy is not as bad as it was six months ago,” he said.

Is the placement buzz more optimistic this season?


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